To Rein In CEOs' Pay,
Why Not Consider
Outsourcing the Post?

By

Carol Hymowitz Staff Reporter of The Wall Street Journal

Updated July 19, 2005 12:01 a.m. ET

For several years now, chief executives of U.S. companies have been telling lots of employees that they have gotten too expensive. Since it is possible to find qualified but cheaper workers to write software and perform other labor in India, China, Turkey and dozens of other countries, it makes competitive sense, they say, to outsource jobs.

Perhaps it is time for American CEOs to include themselves in this strategy. Certainly the...